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To: DaveMG who wrote (30783)	5/24/1999 9:39:00 PM
From: slacker711	Read Replies (2) \| Respond to of 152472

Didn't TThornly say that they estimate they'll sell 40mil ASICs this year? Now that's a pretty nice number I'd say. I wonder how many ASICs were sold last year? These numbers have never really been provided in the past and must be inferred from handset sales/ subscriber adds etc... Do you know if he meant in the calendar year or in the fiscal year? It would be nice to know that they were going to sell at least 26 million ASIC's in the next two quarters (I think they've sold 9m and 5m in the first two fiscal quarters). I'm not sure how many ASIC's they sold last year, but the annual report said that they had sold 25 million ASIC's IN TOTAL through Sep. '98. Slacker

To: DaveMG who wrote (30783)	5/24/1999 10:38:00 PM
From: puzzlecraft	Read Replies (1) \| Respond to of 152472

DaveMG. I saw the CNBC interview. In the interview the CFO said he expected 10 million ASICs for Korea this year (I don't recall if calendar vs fiscal was specified). Then when asked how important Korea is, he said that it should be about 25% of the total (presumably 25% of the total ASICs). I don't recall 40 million being said, although it was implied. John

To: DaveMG who wrote (30783)	5/25/1999 11:05:00 AM
From: Art Bechhoefer	Respond to of 152472

It wasn't clear to me whether the CFO was talking about 40 million ASICs for the fiscal or calendar year. Let's take a worst case view, the calendar year, ending three months after the fiscal year. Even in that case, the huge growth in ASIC sales is, well, astonishing, and once again argues for the premise that current earnings estimates are understated.

To: DaveMG who wrote (30783)	5/25/1999 11:16:00 AM
From: bananawind	Read Replies (1) \| Respond to of 152472

DaveMG, The 40 million ASIC's figure mentioned by Thornley was total units shipped to March 31,1999 (ie. since day one), not calendar or fiscal year. From the April earnings press release: Total product shipments for the second fiscal quarter of 1999 were over 1.7 million CDMA phones (over 10 million cumulatively), nine million MSM phone chips (over 40 million cumulatively), and approximately 11,000 OmniTRACS units (280,000 cumulatively). In addition to substantial growth in the shipment of MSM phone chips, the book-to-bill ratio for the ASICs business was 1.7 for the second quarter of fiscal 1999. Best regards, Jim